Russian Federation - Inflation, consumer prices (annual %) 1993 - 2021
Russian Federation's inflation, consumer prices (annual %) is currently 6.69%, according to the most recent World Bank data for the country (2021).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Russian Federation's inflation, consumer prices (annual %) for 2021 was 6.694%, a 97.96% increase from 2020, with a +3 difference.
- In 2020 it was 3.382%, a -24.35% increase from 2019, with a -2 difference.
- In 2019 it was 4.47%, a 55.31% increase from 2018.
- In 2018 it was 2.878%, a -21.86% increase from 2017.
- In 2017 it was 3.683%, a -47.70% increase from 2016.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Russian Federation is currently 61.1617% (average of years with recorded data) with a lowest recorded value of 2.8783% in 2018 and a highest value of 874.2457% in 1993.
Russian Federation's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1993 | 874.246% | |
| 1994 | 307.723% | -64.80% |
| 1995 | 197.414% | -35.85% |
| 1996 | 47.752% | -75.81% |
| 1997 | 14.761% | -69.09% |
| 1998 | 27.686% | 87.56% |
| 1999 | 85.746% | 209.71% |
| 2000 | 20.799% | -75.74% |
| 2001 | 21.477% | 3.26% |
| 2002 | 15.789% | -26.49% |
| 2003 | 13.663% | -13.46% |
| 2004 | 10.889% | -20.31% |
| 2005 | 12.685% | 16.50% |
| 2006 | 9.669% | -23.78% |
| 2007 | 9.007% | -6.84% |
| 2008 | 14.111% | 56.66% |
| 2009 | 11.647% | -17.46% |
| 2010 | 6.849% | -41.19% |
| 2011 | 8.44% | 23.23% |
| 2012 | 5.075% | -39.88% |
| 2013 | 6.754% | 33.08% |
| 2014 | 7.823% | 15.84% |
| 2015 | 15.534% | 98.56% |
| 2016 | 7.042% | -54.67% |
| 2017 | 3.683% | -47.70% |
| 2018 | 2.878% | -21.86% |
| 2019 | 4.47% | 55.31% |
| 2020 | 3.382% | -24.35% |
| 2021 | 6.694% | 97.96% |
Expand
Comparison with Countries in the Europe & Central Asia Region.
Among countries in the same World Bank Europe & Central Asia (ECA) region, Russian Federation comes in 43rd with 6.694% inflation, consumer prices (annual %).
- Within the same region, Iceland comes in 33rd with 8.309%, inflation, consumer prices (annual %).
- Italy comes in 34th with 8.201%.
- Kazakhstan comes in 35th with 8.042%.
- United Kingdom comes in 36th with 7.922%.
- Portugal comes in 37th with 7.833%.
- Ireland comes in 38th with 7.807%.
- Denmark comes in 39th with 7.697%.
- Finland comes in 40th with 7.124%.
- Germany comes in 41st with 6.873%.
- Albania comes in 42nd with 6.725%.
- Luxembourg comes in 44th with 6.336%.
- Tajikistan comes in 45th with 6.005%.
- Norway comes in 46th with 5.764%.
- France comes in 47th with 5.222%.
- Switzerland comes in 48th with 2.835%.
- And San Marino comes in 49th with 1.046%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the Europe & Central Asia Region.
Top 10 Countries in the Europe & Central Asia Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Turkiye | 72.31% | 2022 |
| 2 | Moldova | 28.74% | 2022 |
| 3 | Ukraine | 20.18% | 2022 |
| 4 | Lithuania | 19.70% | 2022 |
| 5 | Estonia | 19.40% | 2022 |
| 6 | Latvia | 17.31% | 2022 |
| 7 | Bulgaria | 15.33% | 2022 |
| 8 | Belarus | 15.21% | 2022 |
| 9 | Czechia | 15.10% | 2022 |
| 10 | Hungary | 14.61% | 2022 |
Comparison with Countries in the Upper middle income Group.
Among countries in the same World Bank Upper middle income (UMI) group, Russian Federation comes in 32nd with 6.694% inflation, consumer prices (annual %).
- Within the same income group, Dominican Republic comes in 22nd with 8.811%, inflation, consumer prices (annual %).
- Armenia comes in 23rd with 8.641%.
- Peru comes in 24th with 8.334%.
- Costa Rica comes in 25th with 8.275%.
- Kazakhstan comes in 26th with 8.042%.
- Mexico comes in 27th with 7.896%.
- El Salvador comes in 28th with 7.199%.
- South Africa comes in 29th with 7.04%.
- Guatemala comes in 30th with 6.885%.
- Albania comes in 31st with 6.725%.
- St. Lucia comes in 33rd with 6.378%.
- Namibia comes in 34th with 6.081%.
- Thailand comes in 35th with 6.077%.
- St. Vincent and the Grenadines comes in 36th with 5.66%.
- Iraq comes in 37th with 4.995%.
- Equatorial Guinea comes in 38th with 4.787%.
- Fiji comes in 39th with 4.52%.
- Gabon comes in 40th with 4.231%.
- Indonesia comes in 41st with 4.209%.
- And Ecuador comes in 42nd with 3.466%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Upper middle income Group.
Top 14 Countries in the Upper middle income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Venezuela, RB | 254.949% | 2016 |
| 2 | Turkiye | 72.309% | 2022 |
| 3 | Suriname | 52.446% | 2022 |
| 4 | Moldova | 28.737% | 2022 |
| 5 | Bulgaria | 15.325% | 2022 |
| 6 | Belarus | 15.210% | 2022 |
| 7 | North Macedonia | 14.205% | 2022 |
| 8 | Bosnia and Herzegovina | 14.021% | 2022 |
| 9 | Azerbaijan | 13.852% | 2022 |
| 10 | Montenegro | 13.040% | 2022 |
| 11 | Palau | 12.353% | 2022 |
| 12 | Serbia | 11.982% | 2022 |
| 13 | Georgia | 11.898% | 2022 |
| 14 | Botswana | 11.666% | 2022 |